1929; 95 years ago (1929) (as Arkansas Western Gas Company)
Headquarters
Spring, Texas, U.S.
Key people
William J. Way, (CEO & President) Michael E. Hancock, CFO
Products
Natural gas
Production output
3.397 billion cubic feet of natural gas equivalent per day (2021)
Revenue
US$6.667 billion (2021)
Net income
US$-25 million (2021)
Total assets
US$11.848 billion (2021)
Total equity
US$2.547 billion (2021)
Number of employees
938 (2020)
Website
www.swn.com
Footnotes / references [1]
Southwestern Energy is a natural gas exploration and production company organized in Delaware and headquartered in Spring, Texas.[1] The company is ranked 893rd on the Fortune 500.[2]
The company's primary exploration and production activities are in the Appalachian Basin in Pennsylvania and West Virginia (73% of reserves), as well as the Haynesville Shale (27% of reserves). The company also controls 2,518,519 net undeveloped acres in New Brunswick, Canada, which are subject to an indefinite moratorium on hydraulic fracturing and cannot be developed at this time.[1]
As of December 31, 2021, the company had 21.148 trillion cubic feet of natural gas equivalent of estimated proved reserves, of which 68% was natural gas, 29% was natural gas liquids, and 3% was petroleum -- and all of which was in the Appalachian Basin.[1]
^ abcd"Southwestern Energy Company 2021 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
^"Southwestern Energy". Fortune.
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Global Information
US$6.667 billion (2021)